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20120926
20121004
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Search Results 0 to 25 of about 26 (some duplicates have been removed)
the deficit and debt. virtually every poll. who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienaing these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i was making the distinction about not just the economy, but deficit and debt. so, i appreciate your desire to have your nominee really focus on playing to the base in the religious right. that is your prerogative, but you can't rewrite polls to say that's a winning strategy when it comes to reaching out. >> what i'm saying to you is that i think the hunt for these elusive independent or undecided voters out there is going to be a losing strategy. it was in 2008 for john mccain. i think it will be this time. i'm not saying he has to make these social issues the heart of every stum
and greece are doing is trying to cut the budget deficit with 25% unemployment, and doing it when bond yields are too high to be able to dip into the market, especially for greece. so these countries have been forced to do this by the markets, brooke, not by politicians. their hand has been forced and now they're telling their people on streets they have got to be the ones that suffer the most. ironically, of course, the u.s. treasury have benefitted from all the european upheaval. it made it easier for the u.s. not to make the tough choices at this moment. any country trying to cut the budget deficit, it is harder to do while that country is in recession. it actually makes the recession worse, which makes it -- it has to be more cuts in order to meet the deficit targets. it is nearly impossible to see how the countries can do that. >> so you point out, you negotiation unemployment rate 25% in spain, running down more numbers, 54% of greeks under age 25 are unemployed. are major spending cuts raising retirement age here to 67, will that work for spain and greece? >> well, over time it should
be created in the coming months. that of course is a really big thing. more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this week -- has not been kind to the republican candidate as polls have shown him falling behind the president. but he is not showing any change in confident. >> i've got a little secret here and that is that obama campaign thinks that pennsylvania is in their pocket. they don't need to worry about it. and you're right and they're wrong. we're going to win pennsylvania. we're going to take the white house. >> he's going to have to overcome a big deficit to do it, but people do like a comeback kid. max, jen, the obama campaign press secretar
in the end a president piled up huge deficits that will cripple our children and grandchildren. look at the mess in the middle east where the president for ten days didn't tell the american people the truth about what happened in the death of an american ambassador. there's plenty of ammunition. but it has to be delivered in a firm systemically order way and people look up and go that's right. there's a simple test here. do you want four more years of obama? do you think this is the right direction? or do you think we need something new? i think a campaign which made that case clearly enough would carry ohio and florida by big margins. >> mitt romney was in westerville, ohio, today. i want to play a little clip of part of something he said and get your reaction to it. listen. >> okay. >> i want to bring the rates down. by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> so he's trying to combine if i take it right the tax and the deficit argument. do you think that's a little too complicated for voters? do you think that re
some of the tax changes that he would specify with the ways he would trim the deficit. his campaign -- the president's campaign already signaled that. here is how his deputy campaign manager steffi cutter put it in a new video they put out today, brooke. >> mitt romney hasn't given us any specific details of his economic plans. so we can use tonight's debate to give us the details for first time ever, or we can spend 90 minutes doing what we know he's good at, attacking the president, distorting his own record, and avoiding any and all details of his plans for the country. >> now, obviously that's expectation setting and priming the media to already start looking for any specifics, weaknesses by romney in getting into the details. but it does mean that we should start looking for the president to push the governor on those kinds of issues. i do think the president has separate challenges, but this is what we should see the president get aggressive on tonight, brooke. >> okay. also we should point out, jessica, it is interesting timing, this date here, it coincides with a certain sig
.s. team at the 39th ryder cup. this was aufrl. the europeans roaring bang from a 10-4 deficit late saturday to take a tuning 14 1/2 to 13 1/2 point win. germany's martin kaymer sank a putt on the final hole to seal the victory. honestly it was all lost well before that. europe has won the seven out of the last nine ryder cups. and soledad i don't know if you had a chance to watch this debacle. a debacle embarrassing. >> yes, it was killing my poor husband. all right, john, thank you. >>> back to our top story this morning. two days until the first presidential debate. both candidates are getting last-minute preparations. "the new york times" reporting that mitt romney is coming armed on wednesday night, writing this, mr. romney's team has concluded the debates are about creating moments and has equipped him with a series of zingers that he's memorized and habeen practicing on airds since august. president obama responded to that report last night with this. >> i know folks in the media are speculating already on who's going to have the best zingers. i don't know about that. who's g
about the economy, talking about the deficit, talking about four years of president obama would be detrimental to the country. it's pretty plain and simple. president obama and republican nominee mitt romney are laying low today because they're getting ready to prepare for the debate, so it's the number 2s on the campaign trail. right behind me here, here's paul ryan stumping here in new hampshire, a crucial battleground state. when he's done here, he goes to ohio later today. another very big important battleground state. and that's the whole idea here, as the president and mitt romney get ready for the debate. paul ryan and vice president joe biden are on the campaign trail. specific new hampshire. the race here is kind of close. the most recent poll shows president obama with a five-point advantage over mitt romney. definitely a very close contest here in new hampshire. this is a state that may not know paul ryan very well, but knows mitt romney very well, who was governor of neighboring massachusetts. he owns a vacation home here in new hampshire. spends a lot of time in thi
a firestorm in his party. it's obvious with a deficit of more than 7% of gross go mess tick product, any solution to our budgetary problems has to involve spending cuts and tax increases. ronald reagan agreed to tax increases when it hit 4%. george w. bush did. but today's republican parties is organized around the proposition that no matter the circumstances, there must never be a tax increase of any kind. the simpson-bowles proposal calls for 1% for every $3 of spending cut bus every republican presidential candidate during the primaries including romney pledge thad he or she would not accept $10 of spending cuts if that meant $10 of tax increases. so romney could present a serious plan and then h would face a revolt within his own party. so his solution has been to be it lerly vague about how to deal with the actually deaf sit. when pressed for details he said, the devil's in the details. he's right. were he to get specific he would be committing ideological blasphemy. instead he talks about freedom and capitalism. the same pattern emerges on immigration. he says he wanted to solve th
the debt and the deficit, who would cut the deficit, and so we heard mitt romney saying earlier this morning that the national debt stands at $16 trillion. right now if president obama gets four more years, he predicted the national debt would skyrocket to $20 trillion. he is putting that message out there. i had a chance to talk to mitt romney about some of this yesterday and suzanne, he did not seem concerned about this. he came to talk to us on his campaign plane yesterday saying that the obama campaign is basically trying to strike the football on the 30 yard line, there's still plenty of time left, and there is some truth to that. rick santorum and some of the midwestern states for a brief period, and then he was able to close the gap. mitt romney is a good closer. it will be interesting to watch these polls as the days going g on as we get to the debates that are coming up. they'll be critical. >> i'll have to beef up on my sports analogies as well. thank you, jim. good to see you. >>> a reminder we'll be dipping to both president obama and mitt romney's events here in ohi
about getting a handle on the deficit. also president obama has been hammering away at romney's tax plan arguing it will add to the deficit. romney has called for cutting all tax rates by 20%. he also wants to eliminate taxes on capital gains and dividends for families who make less than $200,000. there was an independent analysis done by the nonpartisan tax policy center and it did find that romney's plan would drop tax revenues by $5 trillion. but romney has promised he won't add to the deficit because he'll pay for any tax cuts by limiting deductions for taxpayers especially the wealthy. so this isn't really a major break from what he said before. he's just kind of shifting the emphasis, playing up a different part of his plan. >> so deductions. what deductions would mr. romney limit? >> now, that is the $5 trillion question. we tonigdon't know. he has hinted he may scale back the mortgage deduction for wealthy homeowners. think about how many tax deductions are out there. charitable giving, he state and local taxes. it won't be politically easy to scrap any of them because they're po
,000 tax bill next year. it's -- they couldn't agree on deficit reduction. fiscal cliff congress would have to fix it a quick point. thpayroll tax cut that you're getting right now, it's likely not going to be extended. there will be higher taxes, maybe a little bit, maybe a lot depending what congress does. now, the new york attorney general filed suit against jpmorgan against the mortgage backed securities sold. the start of it all. the civil suit alleges that bear stearns which jpmorgan now owns and is responsible for, misled investors into thinking the toxic loans had been fully evaluated. even when bear stearns found out there were problems, the bank "failed to reform their practices or to disclose material information to investors." that's according to the complaint. total losses suffered, $22.5 billion in 2006 and 2007. here's the thing we can control. we can control what we're spending and buying this month. it's a new month and every month there are new deals. they're known -- every month is known differently for shoppers. according to deal news.com, here's what to buy and not buy
collapse by the u.s. at the 39th ryder cup. the europeans roaring back from a deficit to stage a breathtaking 4 1/2 to 13 1/2 point win. sinking a five-put putt to seal the victory. europe's tseventh victory. >> we have to listen to peiers morgan now. >>> and the super bowl champion new york giants lost to the eagles and the eagles undefeateda dramatic win against the panthers. featuring two long bombs by matt ryan in the closing minutes. extraordinaire. >> i can't believe you watched it. >> amazing powers and inabilities to watch sports even if it means sacrificing sleep. >>> another water cooler topic. arnold schwarzenegger puts himself in the hot seat answering questions about his failed marriage, his affair, his love child, and the fact that he performed same-sex marriages while in office. we're going to hear directly from arnold, coming up next. >> big. ♪ well, he's not very handsome ♪ to look at [ sighs ] ♪ oh, he's shaggy ♪ and he eats like a hog [ male announcer ] the volkswagen jetta. available with advanced keyless technology. control everything from your pock
president obama leading and claims to correct the bias, turning romney deficits into commanding romney leads. the idea behind is it simple. all polls base the outcome on what pollsters believe the electorate will look like, how many democrats versus how many republicans they think will actually turn out. getting that partisan makeup wrong can tilt the predictions. the people that don't believe the polls say thistime, pollsters think the 2012 electorate will look a lot like 2008 and this they say is wrong. notice i said this time. back in 2004, democrats complained that the polls which showed george w. bush leading were overestimating the number of republicans who would vote. they were wrong. the polls were right. in 2000, al gore said don't believe the polls, polls showed him losing narrowly. polls were right. in fact, it's hard to find an example of the polls on average getting it wrong unless you go back to 1948, when they predicted thomas dewey defeated president harry truman. cnn political contributor ari fleischer joins us. he's an occasionally unpaid communications advisor for the romn
it by responsibly dealing with these deficits while leaving money to invest and those things we need to grow -- education, research and development, clean energy technology. >> those aren't sort of specific proposals. what i'm asking you is -- >> let's talk about -- >> they haven't passed. >> 100,000 new math and science teachers. we need that to move forward as a country. >> that's a total, though, right? >> educating -- training two million new workers in our community colleges in conjunction with business to fill jobs that are open right now. boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and, candy, i believe that they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> it will be rendered on november 6 wrth. >> no, they haven't. >> for two years jobs -- >> some of the specific proposals haven't, but, candy, think about the logical extension of what you're saying. what you're saying is s
rallied from a major deficit to retain golf's prestigious ryder cup. cnn is live in medinah, illinois. shane, the u.s. team had a big lead going into the final day. what was the turning point for the europeans? >> reporter: i think that, deb, to be honest with you they were instilled with a faith, a belief, and the happy by their captain. he was a long time partner of seve. he was impressed on them his never say die attitude. he truly was a tat lis mattic figure in so many ryder cups. the americans led 10-6 and the europeans had never staged a comeback like this before in the history of the competition. there was a belief they could do it and they went out and won the first five matches. that whole belief filtered through to the rest of the team. it was a stunning success. the winning putt effectively coming on the 18th green by martin kaymer. he holed out for this crucial pair against stref stricker. it meant the europeans retained the cup. they had won 8 points out of 12 on the final day. in the final match tiger woods was up against the italian. they managed to eke out a half. it w
is from higher income households. >> $1.3 trillion deficit you definitely need something to bring that deficit down. bring the national debt down at some point down the road. once there is a balanced budget. who knows when that would be. most people assume nothing is going to happen as far as the fiscal cliff is concerned between now and november 6. but afterwards in that lame duck session between november 6 and december 31, something will happen. are you among those who will agree -- agree that the fiscal cliff will be avoided? >> yes. i think it will be avoided. i mean, you know, depends on the election. you know. if governor romney wins it is likely -- would kick the can into next year. leave everything the same for a few months. let -- the new president come into office and get it together. probably in the spring. president obama wins the election, then right after the election, lame duck, the clock will start ticking and he will be under a lot of pressure to do something. let me say one other thing. you know, i think the most likely scenario is that we are actually going to h
figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many soundbytes. first of all, he should say my policies helped to end the greatest economic disaster since the great depression. then, number two, he should stress that we've created more than five million jobs. those job numbers have been revived, of course. the president needs to be clear that his policies and the policies that he has proposed to congress that congress will not deal with because they're more focused on theron re-election and not focused on getting the american people back to work. he said his policies will continue to bring about jobs. it will fasten economic growth in this country, and that he has a plan to deal with the federal deficit as well. i think the president can say that. >> as long as we don't have a wardrobe malfunction, we're good. >> we'll keep it rated g. anna, what are some of the pit falls that romney has to avoid here, because, you know, both candidates have strengths and weaknesses. if you
be looking at simpson bowles, deficit reduction and fix it. i mention there's a tax credit for sending a kid to college. that would be something that would disappear as well. pooug research saying one in five households, a record one in five households owed tune debt in 2010. in that year 19% of households held student debt. that's a significant jump from just 15% of households in 2007 before the recession. the average student debt, so for a family that has student debt, the average debt is more than $26,000, triple what it was in 1 1989. your incomes aren't budging. you can't borrow tens of thousands of dollars against your house anymore. a lot of people ask me, how am i supposed to be able to send a kid to college? a piece of advice i got from a financial guru. save a third. you need to be saving a third of the college. a third should be loans. only a third should be loans or you will never get out of it. the other third should be grants, scholarships and the kid has to pay. aim to save for a third or you'll shall hurting your chances and the kids chans. >> let the kids save some of the mo
failure failures, the failure to create jobs or bring down the deficit. >> kevin, i want to get to some smalls we have on latino likely voters, but i want to quickly ask you, why did governor romney wait to this point to bring this forward on immigration policy? >> well, kate, we've had a lot of discussions on this issue. i think this was an opportunity where a question was asked, specifically on that question, and the governor answered it. he did talk in expansive terms about immigration, what he would do to modernize the immigration system, how it's an important part of our economy. during his recent interview that he had with univision. and i think it will continue to be a part of this debate. >> kevin, i want to show you, we put up on our screen for our viewers some new polling we have out today, showing that president obama really has an overwhelming lead among likely latino voters. 70 to 26 for governor romney. are now aggressively courting the latino vote, are you expecting to get anywhere near or beyond what senator mccain got back in 2008, which was 31%? >> well, kate, thank yo
overhang of, you know, debt and deficits as well to pay off down the road. >> and unemployment levels are at historic highs among youth today. >> the problem romney has is he says if i'm elected president i will do the following things. the problem is when he was governor he actually raised the debt to the highest level per capita at any place in america. he increased tuition. and he increased taxes. those aren't the things he's saying on the campaign trail. that's just what he did as governor. >> so here's the thing i would say to you, governor. if governor romney's track record is relevant, then president obama's track record is relevant. and under president obama the debt has gone to $16 trillion -- he has racked up under his presidency more debt in a single term than every president combined before him. >> that was true with reagan, carter, nixon. >> you have to sit and deal with that track record. >> one other issue we haven't talked about yet, one of these 15-minute segments is going to be about health care. what is the question for mitt romney? i think he should double down and
Search Results 0 to 25 of about 26 (some duplicates have been removed)